Venture capital firms Andreessen Horowitz and Founders Fund each sold roughly $75 million worth of their shares of ridesharing service Lyft to Saudi Prince al-Waleed bin Talal. The transaction was part of Lyft’s $1 billion series F round of funding, in which al-Waleed was a direct investor. Lyft is currently valued at $5.5 billion. The secondary market exchange of the company’s shares underscores a rise in private deals to find liquidity in a market where IPOs have struggled to reward investors.
See the following visualizations which highlight a number of relevant figures regarding Andreessen Horowitz, Founders Fund, and Lyft.
Carlson Capital's Black Diamond Arbitrage Partners fund added 1.3% net fees in the first quarter of 2021, according to a copy of the firm's March 2021 investor update, which ValueWalk has been able to review. Q1 2021 hedge fund letters, conferences and more At the end of the quarter, merger arbitrage investments represented 89% of Read More
Overview of Andreessen Horowitz’s Investments
Overview of FF Angel’s Investments
Venture-Backed Exits by Quarter
Geographic Composition of Lyft Inc.’s Investors (Cumulative)